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Cover of Financial Planning for the Future
B1 · 230 words · English

Financial Planning for the Future

Lingard

Learn how to create a financial plan with easy steps, including setting goals, evaluating your current financial situation, creating a budget, paying off debt, saving for emergencies, investing for the future, and regularly reviewing and adjusting your plan. Take control of your financial future now!

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Words you’ll meet

The words readers of this text looked up most, each with its meaning and the line it comes from.

determine / dɪˈtɜːrmɪn /verb

To officially decide (something) so that it cannot be changed

This will help you determine how much money you can save.

ascertainestablishfind out

evaluate / ɪˈvæljueɪt /verb

To assess or judge the value, importance, or quality of something

Evaluate the data.

assessanalyzejudge

contributions / ˌkɒntrɪˈbjuːʃənz /noun

payments made towards savings or investments

Make sure to include savings and investment contributions in your budget.

savingsinvestmentsbudget

goals / ɡoʊlz /noun

Something that you are trying to do

Set your goals high.

aimstargetsobjectives

regularly / ˈreɡjələrli /adverb

at regular intervals or times; often

Check the oil level regularly.

frequentlyperiodically

situation / ˌsɪtʃuˈeɪʃən /noun

A set of circumstances affecting someone at a particular time

Assess your situation.

circumstancespositionstatecondition

not set in stone / ˌnɒt ˌset ɪn ˈstəʊn /adjective

not permanent or unchangeable

Your financial plan is not set in stone.

flexiblesubject to change

stone / ɪn ˈstoʊn /adverb

difficult to change

The contract wasn't written in stone, and we could make some alterations.

inflexiblerigid

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